India will probably borrow the entire 1 trillion rupees ($12.9 billion) that the government will forgo as revenues due to a cut in gasoline and diesel levies, according to people
Govt considering Rs 1 trn extra borrowing to offset fuel-tax cut: Report
The loss to the exchequer due to the recent excise duty cuts will have to be borne through additional market borrowings, says Bloomberg.
 "petrol, diesel, fuel, fuel station")
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Price rise in fuels will only reflect in April numbers
Topics : Fuel prices Central Excise India economy
First Published: May 22 2022 | 2:56 PM IST
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